3 Views

Question : National Income is also called as :

Option 1: GNP at Factor Cost 

Option 2: GNP at Market Price 

Option 3: NNP at Factor Cost 

Option 4: NNP at Market Price 


Team Careers360 5th Jan, 2024
Answer (1)
Team Careers360 23rd Jan, 2024

Correct Answer: NNP at Factor Cost


Solution : Correct Answer is  NNP at factor costs

NNP at factor costs is another name for national product. It is the total of all incomes earned by citizens of a nation over a specific time period, taking into account capital consumption and depreciation. The national income includes both the GDP and the GNP. A country's economic activity can be determined by looking at its national income.

How to crack SSC CHSL

Candidates can download this e-book to give a boost to thier preparation.

Download Now

Know More About

Related Questions

TOEFL ® Registrations 2024
Apply
Accepted by more than 11,000 universities in over 150 countries worldwide
Manipal Online M.Com Admissions
Apply
Apply for Online M.Com from Manipal University
GRE ® Registrations 2024
Apply
Apply for GRE® Test now & save 10% with ApplyShop Gift Card | World's most used Admission Test for Graduate & Professional Schools
View All Application Forms

Download the Careers360 App on your Android phone

Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile

150M+ Students
30,000+ Colleges
500+ Exams
1500+ E-books